From the 30 Sensex firms, Mahindra and Mahindra, Bajaj Finance, Asian Paints, Nestle, Bharti Airtel, UltraTech Cement, Hindustan Unilever, ITC, and HDFC Bank were the major laggards. In contrast, Infosys, Tech Mahindra, Tata Motors, Axis Bank, Tata Consultancy Services and State Bank of India were among the gainers.
Posts tagged Rediff
Is Wartime A Good Time to Invest? (04-10-2024)
‘Even now, investors are not bothered about the war but are more concerned whether it will remain localised or not.’ ‘In case things are contained, markets can stage a bounce back in the next few days.’
How DAP Targets Honest Taxpayers… (04-10-2024)
DAP does not consider past I-T returns to match a taxpayer’s resources with their expenditures or investments, points out Harsh Roongta.
Markets Expected To Remain Volatile (04-10-2024)
‘As the markets are expected to remain jittery in the near term, we advise investors to use this opportunity to enter quality largecaps from a long-term perspective.’
BSE to stop weekly index derivatives on Sensex 50 (03-10-2024)
Leading stock exchange the BSE on Thursday announced the discontinuation of weekly index derivatives contracts on Sensex 50 and Bankex, following a new directive from markets regulator Sebi. In its circular, BSE said weekly index derivatives contracts on the Sensex 50 will be discontinued from November 14 after the expiry of existing contracts. No new weekly contracts will be generated.
Cabinet nods two agri schemes worth Rs 1 lakh crore (03-10-2024)
Union Cabinet on Thursday approved two major schemes — PM Rashtriya Krishi Vikas Yojana and Krishonnati Yojana — with an expenditure of over Rs 1 lakh crore to promote sustainable agriculture and ensure food security.
AI will play big role here: Google India MD (03-10-2024)
Having marked a 20-year milestone in India, global tech giant Google is upbeat about its next innings here with Artificial Intelligence (AI) playing a big role in it, India MD Roma Datta Chobey said on Thursday, adding that the company is aligning its vision and strategy fully to the country’s growth and ambitions. In an interview to PTI, Chobey said Google believes that AI should be regulated but in a way that strikes a fine balance between user benefit — which is “still at a nascent stage” — and at the same time, fosters innovation.
Govt aims to provide 1 crore internship over 5 years (03-10-2024)
The government on Thursday rolled out the internship programme on a pilot basis that will provide a total annual financial assistance of Rs 66,000 to those in the age group of 21-24 years, and aim to cover one crore youth over five years.
Chris Wood trims exposure to Indian equities by 1 pt (03-10-2024)
Global head of equity strategy at Jefferies, Christopher Wood, has cut his exposure to Indian equities by one percentage point in the Asia-Pacific ex-Japan relative-return portfolio, and Australia and Malaysia by half a percentage point each in favour of China, which has seen a hike in exposure by two percentage points. The rally in China has been fast-forwarded by the approach of a seven-day holiday with the CSI 300 Index up 8.5 per cent on Monday, and 25.1 per cent in five trading days, he said.
Sensex plunges 1,769 pts to 3-week low (03-10-2024)
From the 30 Sensex firms, Larsen and Toubro, Reliance Industries, Axis Bank, Asian Paints, Tata Motors, Bajaj Finance, Maruti, Bajaj Finserv, Kotak Mahindra Bank, Titan, Adani Ports and HDFC Bank were the major laggards. JSW Steel emerged as the only gainer.